Technical Calls:Jubilant Food,Amar Raja and Hind Zinc
Jubilant Food
Jubilant Food has been on a dream run from the day it listed and today it made a life time high@807 and moving into uncharted territory.Stock has been respecting its trend lines resisting at top end and taking support at lower end.
As per the above daily chart a pullback should be expected before a move up further. Pullbacks till Rs 748 should be used to
initiate longs in the stocks. Trend is your friend.
Stocks hitting new Highs will keep on Hitting Highs till the Market Participants have no more appetite …
Read the full story »
Jubilant Food has been on a dream run from the day it listed and today it made a life time high@807 and moving into uncharted territory.Stock has been respecting its trend lines resisting at top end and taking support at lower end.
As per the above daily chart a pullback should be expected before a move up further. Pullbacks till Rs 748 should be used to
initiate longs in the stocks. Trend is your friend.
Stocks hitting new Highs will keep on Hitting Highs till the Market Participants have no more appetite …
Read the full story »
posted by Bramesh at
10:53 PM
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